Federal Signal Corporation (FSS)
NYSEIndustrialsAgricultural - MachinerySnapshot 2026-10-30
$112.67-2.20%
Close 2026-10-30 · 1-day change
NYSEIndustrialsAgricultural - MachinerySnapshot 2026-10-30
Research Workspace
Put FSS beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Construction Machinery & Heavy Transportation Equipment is in recovery. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Management is running behind on a stated commitment.
View ThesisRevenue growth is accelerating — up about 24% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on earnings delivery, margins.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskFederal Signal’s premium rests on strong recent performance and disciplined acquisitions. Sales and earnings growth remain unverified because the desk has no earnings history. The latest outlook narrows 2026 net sales to $2.61B-$2.64B. FSS trades at 23× P/E versus an 18× peer median, although its history is 25×. The price reflects less growth than our forecast, yet management is behind on a stated commitment. Our model puts the next-quarter miss probability near 28%. Peer multiples imply a price about 4% above where it trades. This read is provisional.
Trailing returns as of 2026-10-30. FSS is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 7 analysts currently covering FSS (as of Oct 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| FSS Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 11 valuation methods, at three horizons. As of 2026-10-30. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Construction Machinery & Heavy Transportation Equipment — fair value, gap to price, and forward P/E.
Compare the value case
Put FSS next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Official outlook update is thesis-relevant, but the narrowed sales range alone does not establish a change in trajectory.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 25% on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Disciplined M&A strategy
Completed acquisition advances disciplined M&A and growth, though deal-specific details are limited.
Advances: Targeting 100% annual cash conversion
Record Q2 results support cash conversion target.
Advances: Expand aftermarket ecosystem
Aftermarket expansion aligns with ecosystem growth strategy.
Advances: Targeting 100% annual cash conversion
Increased EPS and sales outlook supports cash conversion target.
Advances: Expand aftermarket ecosystem
Record sales indicate growth in aftermarket ecosystem.
Advances: Expand aftermarket ecosystem
Shift to aftermarket services aligns with growth objectives.
Advances: Disciplined M&A strategy
Acquisition aligns with disciplined M&A strategy for growth.